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SmileDirectClub stock falls then recovers after scathing report from short seller

“The company then develops and ships the clear aligners back and the customer undergoes a five to 10-month treatment plan” writes Ciara Linnane for marketwatch.com. In its IPO filing, the company disclosed sales of $432.2 million in 2019, up 190% from the year earlier.SmileDirectClub shares slid 4.5% Friday before recouping those losses, after a short seller slammed the company for illegal practices and said the teeth-straightening startup cuts corners in ways that put customers at risk.
 
Source: marketwatch.com



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